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US Takes Down $25 Million Bitcoin ATM Operation, Seizes 17 Machines


The U.S. government has taken down a $25 million bitcoin ATM operation and seized 17 machines along with some cryptocurrencies. The Department of Justice says the man behind this unlicensed bitcoin ATM operation has agreed to plead guilty and is facing up to 30 years in prison. US Dismantles...

South African Exchange Valr Raises $3.4 Million in a Series A Funding Round


A South Africa based cryptocurrency exchange, Valr has just raised $3.4 million in a Series A funding round led by 100x Group, the parent company to Bitmex. The funding round, in which 4Di Capital also participated, however, does not change Valr’s controlling shareholder structure. In...

VALR Gathers R57-million In Funding Round To Promote Crypto Sector


Working as the biggest cryptocurrency trading platform in Johannesburg, South Africa, VALR has revealed that the exchange has pooled in R57-million (USD 3.4 million) in its recently concluded Series A equity funding round. The firm is dedicated to using the collected funds in laying strong efforts...

Satoshi Nakamoto Mined More Than 1 Million Bitcoin - Report


Bitcoin’s (BTC) pseudonymous creator Satoshi Nakamoto may have mined more than 1 million bitcoin in the early days of the cryptocurrency, according to analysts at crypto transaction tracker Whale Alert. The early Bitcoin miner known as Patoshi mined BT 1,125,150 during BTC’s infancy, when Patoshi...

Hackers Hack Telecom Argentina, Demand USD 7.5 Million In Monero


Telecom S.A., the largest telecommunications company in Argentina, has suffered a ransomware attack as hackers demand USD 7.5 million in privacy coin Monero (109,345 XMR) to be paid until the night of Tuesday, July 21. If the company does not meet the deadline, the payable amount will rise to...

Emerging Markets Drive Paxful First Half 2020 Bitcoin Volume to $1.1 Billion


Peer-to-peer (P2P) crypto exchange Paxful reported Tuesday that its bitcoin trading volumes climbed 35% to $1.1 billion during the first six months of 2020 compared to $817 million a year ago. More than $182 million worth of bitcoin (BTC), on average, was traded on the platform every month between...

Crypto Exchange Cashaa Loses 336 Bitcoin Worth $3 Million to Hackers


Cryptocurrency exchange Cashaa says it has lost 336 bitcoin (worth around $3.1 million) to hackers. The London-based platform has now ceased all crypto-related transactions, including withdrawals and deposits, as investigations into the breach get underway. In a tweet on July 11, Cashaa claimed...

Youtube Helps Scammers Steal $130,000 in Bitcoin From Investors Daily: Report


Scammers raked-in $24 million in bitcoin during the first six months of 2020, according to a new report from crypto monitoring service Whale Alert. Cyber-thieves are finding it very easy to fool people of their bitcoin (BTC} because their schemes have become believably professional and aggressive...

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